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Indian Access Control Market Size INR 126.3 Billion, Growth Rate (CAGR) of 14.72%, Top Companies and Forecast Report 2027

05-02-2023 09:52 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Indian Access Control Market Size INR 126.3 Billion, Growth

According to IMARC Group's latest report, titled "Indian Access Control Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the Indian access control market size reached INR 55.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach INR 126.3 Billion by 2027, exhibiting a growth rate (CAGR) of 14.72% during 2022-2027

Access control systems are sophisticated security solutions that utilize biometrics and proximity cards to recognize, authorize, and authenticate individuals entering and exiting premises. They provide a comprehensive security solution that eliminates the need for traditional security measures, making them highly effective in ensuring the security requirements of a facility. By leveraging biometric and proximity card technology, these systems offer a high level of security, preventing unauthorized access and protecting valuable assets. They also provide detailed logs and audit trails, allowing for easy tracking of access events and enhancing accountability. Access control systems offer a range of benefits, including improved security, enhanced convenience, and reduced security risks. They provide a reliable and efficient means of managing access to a facility, allowing only authorized personnel to enter designated areas.  

Request a Free PDF Sample of the Report: https://www.imarcgroup.com/indian-access-control-market/requestsample

We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

Indian Access Control Market Trends:

The Indian access control market is witnessing significant growth due to the rising crime rates in the country. In line with this, the installation of access control systems in the commercial and defense sectors is escalating in response to increasing cases of security breaches. This, in turn, has compelled commercial premises, such as enterprises, IT companies, and data centers, to employ access control systems to enhance security measures, further bolstering the market growth. Besides this, rapid technological advancements and favorable government initiatives to improve security in the country are boosting the market growth. Furthermore, the surging awareness regarding the importance of access control systems in safeguarding assets and maintaining the safety of their employees and customers and rapid industrialization are propelling the market growth.

Indian Access Control Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the Indian access control market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these Key Players Include:

ESSL
Gemalto (3M Cognet)
HID India Pvt. Ltd.
Honeywell International India Pvt. Ltd
IDEMIA Ltd.
Mantra Softech (India) Pvt. Ltd
Matrix Comsec Pvt. Ltd.
Realtime Biometric Co. Ltd
Tyco Security Products
ZKTeco Biometrics India Pvt Ltd.

Key Market Segmentation:

The report has segmented the Indian access control market on the basis of component, type, end user and region.

Breakup by Component

Controller
Reader
Locks
Software

Breakup by Type

Card Based
Biometric Based
Fingerprint
Face Recognition
Face Recognition and Fingerprint
Iris Recognition
Others

Breakup by End User

Government
Commercial
Healthcare
Manufacturing and Industrial
Transport
Education
Residential
Others

Breakup by Region

South India
North India
West and Central India
East India

Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=1787&flag=C

Key Highlights of the Report:

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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